News and Announcements

Private equity firms American Securities LLC and CD&R have agreed to sell Foundation Building Materials (FBM) to Lowe’s Companies, Inc. for $8.8 billion. FBM is a leading North American distributor

A new white paper from the Steel Framing Industry Association (SFIA) addresses the challenge of maintaining continuity of fire resistance in cold-formed steel (CFS) construction while ensuring structural integrity. The

Private data center construction is experiencing a significant boom, with spending increasing by $15.2 billion since the start of 2024. This growth is propping up the struggling nonresidential construction sector,

The U.S. Department of Labor (DOL) has revised its penalty guidelines for the Occupational Safety and Health Administration (OSHA) to better support small businesses and encourage quicker resolution of workplace

The “2025 North American Engineering and Construction Outlook,” published in July 2025 by FMI, forecasts a significant slowdown in U.S. engineering and construction spending, with only a 1% increase projected

The U.S. construction industry faces a significant labor challenge, needing to attract an estimated 439,000 net new workers in 2025 to meet the anticipated demand for construction services. This number

For the first time in at least 25 years, the amount of office space removed from the U.S. market will outpace new construction in 2025, according to CBRE Group. This

FMI has published its 2025 Building Products Outlook Report, spotlighting the flooring market along with trends in materials, market dynamics, and M&A activity. The report also explores key trends and